RBI ECB Guidelines

What You Need to Know about ECB for NPAs and Start-Ups?

Borrowing in foreign currency from an external source is a restricted activity governed by RBI.¬† For many years now I have met many entrepreneurs asking me to help cheaper money from a foreign source. Most of the entrepreneurs were not aware of ECB guidelines and therefore most were cheated by financial intermediaries. Huge advances were given by the entrepreneurs to these intermediaries in the hope … Continue reading What You Need to Know about ECB for NPAs and Start-Ups?